Monday 12 August 2013

Today online commodity mcx ncdex market tips, support resistance level, buy sell call

Monday evening seems to be a quite interesting day for trading, its really very exciting to see all the MCX commodities are working in a positive note with a steadily increasing in points. A booming session seen in the precious metals, the white metals and yellow metal maintained their position till morning time as they rising up. The silver price up by 1328 points and the gold price increase by 502 points. 

 If we talk about the other metal rather than the precious metals, among them the nickel surge highest point. It rise by 1.50 percent to Rs. 907.50 with a high 909.80 and a low 888.70 for august. The energy crude oil maintained its position which is appreciable, it is continously going towards upward direction. The support and resistance level for nickel and crude oil are 
NICKEL R1 : 898.4 S1 : 889.8 
CRUDE OIL R1 : 6430.3 S1 : 6399.7 

The NCDEX market showing both the trends up and down. The chana got a lot of change in a positive direction as for the future contract is concern. Guar gum, Guarseed and Jeera troubling a lot to go up but they are dipriciating in a high note. Jeera lost around 100 points for september at 13375. 

Nickel buy tg 908.50, 909.50, 910.50 sl 904.50 

Cotton buy tg 21050, 21060, 21080 sl 21000 

1 comment:

  1. NICKEL (31 DEC) TREND: CONSOLIDATE
    RES 1: 888
    RES 2: 896
    SUPP 1: 875.50
    SUPP 2: 869
    STRATEGY: SELL ON HIGH


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